Jobs Slow, Unemployment Jumps to Four-Year High — Here’s What the Latest Labor Report Really Says
Key Points Job growth came in at a seasonally adjusted 64,000 for the month, beating the Dow Jones forecast of 45,000 and marking an improvement from October’s sharp decline. The unemployment rate increased to 4.6%, above expectations and the highest reading since September 2021. A broader measure that includes discouraged workers and those working part-time … Read more